Advocates Applaud as FTC Sues to Stop Microsoft-Activision Mega-Merger

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'Today's action is of incredible importance in ensuring fair and open competition in gaming and across the larger digital economy,' says Public_Citizen's Kent_PubCitizen as the FTC sues to block Microsoft's $69 billion acquisition of Activision Blizzard.

The FTC voted, 3-1 to issue the complaint, with all three Democrats—Lina Khan, Alvaro Bedoya, and Rebecca Kelly Slaughter—supporting the move, and Republican Christine S. Wilson voting no...

Sandeep Vaheesan, legal director at the Open Markets Institute, an anti-monopoly group, warned that"if Microsoft acquired Activision, it could use Activision's valuable portfolio of games as a competitive weapon, withholding titles from rival consoles or offering lower quality versions of them, to give its own Xbox and cloud-gaming service a leg-up."

that"today's action is of incredible importance in ensuring fair and open competition in gaming and across the larger digital economy. The FTC is showing, once again, that it is serious about enforcing the law, reversing corporate concentration, and taking on the tough cases."

 

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